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Binance increases minimum staking amounts for cosmos, polkadot, and solana

Binance has reportedly raised the minimum staking amounts of several cryptocurrencies, such as solana (SOL), polkadot (DOT), and cosmos (ATOM), for users wishing to stake in their earning products. Binance adjusts asset caps The Binance Earn products are a suite of offerings that allow token holders to earn passive income from their crypto assets. Some of them include Flexible Savings and Locked Savings. In the latter, a user can lock a token for a specific period. After this, they can withdraw their staked coins and rewards earned. You might also like: Binance engages former DOJ prosecutor to counter SEC allegations Binance raised the caps for locking assets for 120 days on several crypto assets. As such, to lock ATOM for 120 days, users must now lock a minimum of 1,000 ATOM, up from 30 ATOM. Meanwhile, SOL stakers must lock at least 500 SOL, which is an increase from 30 SOL. However, as a consequence, the annual percentage rates (APRs) associated with these p...

Bitcoin miner Argo regains compliance with Nasdaq minimum bid price rule

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Bitcoin mining firm Argo regained compliance with Nasdaq's listing rule, which requires a company to maintain its common stock's minimum bid price of $1 for 30 consecutive trading days. Amid bullish action on cryptocurrency markets, Bitcoin (BTC) mining firm Argo Blockchain has regained stock listing compliance with Nasdaq. Argo officially announced on Jan. 23 that the company regained compliance with Nasdaq’s minimum bid price rule amid the share price recovery.  The Nasdaq stock market listing qualifications department has informed Argo that it successfully met a requirement to maintain a minimum closing bid price of $1 for ten consecutive trading days. This requirement was met on Jan. 13, with Nasdaq confirming that it considers the matter closed. The announcement comes about a month after Nasdaq notified Argo on Dec. 16 that the firm wasn’t compliant with Nasdaq's minimum bid price requirement. The issue was due to Argo’s common stock failing to maintain the minimum bi...